US energy storage company Peak Energy Technologies said on Wednesday it will invest up to USD 71 million (EUR 62.1m) to build a factory in Sacramento, California, dedicated to manufacturing grid-scale sodium-ion battery energy storage systems.

US energy storage company Peak Energy Technologies said on Wednesday it will invest up to USD 71 million (EUR 62.1m) to build a factory in Sacramento, California, dedicated to…

Sodium-ion batteries promise cheaper, more durable energy storage. Peak Energy seeks to kick-start the next-gen battery market by building the first big…